Tag: consumers

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Federal Reserve hikes interest rates 0.75 points | ABCNL

ABC News business reporter Alexis Christoforous joins ABC News Live to discuss the Federal Reserve interest rate hike and how consumers can bear the brunt….

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What June’s spiking prices mean for the wider economy l ABCNL

Consumer prices rose at their fastest rate in more than 40 years in June and ABC News business reporter Alexis Christoforous breaks down the latest…

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Rise in unemployment claims and inflation as gas prices drop l ABCNL

ABC News business reporter Alexis Christoforous discusses the latest news from the Labor Department showing 244,000 Americans filed for unemployment last week. WATCH the ABC…

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Biden calls on Congress to suspend federal gas tax for 3 months l ABCNL

As gas prices increase globally, the Biden administration is hoping to relieve consumers in the U.S. with a federal gas tax holiday. WATCH the ABC…

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By the Numbers: The impact of rising interest rates | ABCNL

A look at how the Federal Reserve’s move to raise interest rates impacts consumers. ABC News Live Prime, Weekdays at 7EST & 9EST WATCH the…

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What can the government do to stop or slow inflation?

Experts say the main driver of high inflation is consumer demand outweighing the available supply. source

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Rising gas prices hit Americans hard l ABCNL

Americans share their thoughts on the rising cost of gas and how it has impacted their daily lives. WATCH the ABC News Live Stream Here:…

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Global economy takes hit as Russia attacks Ukraine l ABCNL

Rep. Ann Wagner, R-MO., discusses the economic impact of Russia’s attack on Ukraine. WATCH the ABC News Live Stream Here: https://www.youtube.com/watch?v=w_Ma8oQLmSM SUBSCRIBE to ABC NEWS:…

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FBI warns increase in ‘SIM swaps’ is costing consumers millions l GMA

“SIM swaps,” when someone transfers your phone number to a new device without authorization, can allow someone to access your personal accounts, including at your…

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What’s at stake as protests continue at the US-Canada border over COVID restrictions

The latest at the U.S.-Canada border, including what’s at stake for citizens and consumers, as protests continue in Ottawa over COVID-19 restrictions. WATCH the ABC…

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Windsor, Ontario mayor: Trucker blockade is an ‘illegal protest’

ABC News’ Linsey Davis speaks with Windsor, Ontario, Mayor Drew Dilkens about the massive trucker protest and the measures he could take if protesters don’t…

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Fed expected to signal interest rate hike I ABCNL

ABC News Business Correspondent Deirdre Bolton discusses what to expect with the Fed on the verge of stepping in with interest rate hikes to get…

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Exxon pledges to achieve net-zero carbon emissions by 2050

The plan covers emissions from its oil, gas and chemical production. source

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Officials warn shoppers about package-tracking scams l GMA

With the countdown to Christmas just three days away, officials are sounding the alarm to buyers about scam robo-text messages involving tracking packages. #ABCNews #Scams…

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Author advises responsible internet use: ‘Be more skeptical consumers’

ABC News’ Linsey Davis speaks with Pamela Paul, author of the new book “100 Things We’ve Lost to the Internet,” as she looks at the…

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Black Friday is here!

ABC News’ Em Nguyen reports on how retailers are adapting to this year’s supply chain crisis. source

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String of robberies trigger citywide tactical alert in Los Angeles l GMA

The LAPD said it is adding more officers on the street to keep consumers and businesses safe. Subscribe to GMA’s YouTube page: https://bit.ly/2Zq0dU5 Visit Good…

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Inflation reaches highest level in nearly 40 years

ABC News’ Rick Klein and Deirdre Bolton explain why consumer prices rose to the highest level in nearly four decades, and how inflation could be…

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Black Friday synonymous with markdowns and meltdowns

As consumers flock to stores and shop online, the average shopper is expected to spend more than $1,000 this upcoming holiday. source

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Crunch time to get gifts ordered, shipped and under the tree

FedEx will do same-day delivery on Christmas but the longer consumers wait to buy, the more they’ll pay for shipping. source

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